Palm Beach Mansion sells for $25M

A home at Manalapan, Palm Beach County, has sold for $25.5 million, the highest total for a sale in the town in a decade, according to a deed filed in the Palm Beach County Clerk’s office. The buyer was a Delaware-based investor. The sellers were Terry and Cynthia Taylor, who bought the home in 2008 for $21.2 million and performed a series of renovations. They also own two other properties in the town. The home is located at 820 South Ocean Boulevard. [Palm Beach Daily News]

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